Progress Continues in Defeating ISIS
The coalition and its partnered forces in Iraq and Syria continue to make progress in the effort to defeat the Islamic State of Iraq and Syria, the coalition’s senior French representative has said. Brig. Gen. Frederic Parisot of the French air force, the director of civil-military operations for Combined Joint Task Force Operation Inherent Resolve, […]
Abadi boosts Housing Fund by $669m
By John Lee. Prime Minister Dr. Haider Al-Abadi has directed an additional 800 billion dinars ($669 million) to Iraq's housing fund. According to a statement from the Prime Minister's office, the directive "came in the interest of providing housing loans to citizens, which is estimated at about 25 thousand new housing loan, which in turn […]
Kuwait donates Generators to Iraq
Kuwait has donated 17 mobile electric generators with a total capacity of 30,000 kilowatts to Iraq, the Undersecretary of the Kuwaiti Ministry of Electricity and Water, Mohammed Bushehri has announced. In a press statement, Bushehri said the donation came “to alleviate the electricity crisis in the Iraqi city of Basra”. “In the light of the […]
Video: Iraq Accused of Abusing 'Terror Suspects'
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Iraqi National Security Service has admitted to holding hundreds of people suspected of terrorism for months. According to Human Rights Watch, the agency has been keeping them at a facility east of […]
Trade Bank of Iraq (TBI) to open Branch in Saudi Arabia
By John Lee. The Trade Bank of Iraq (TBI) has announced that it will open a branch in Saudi Arabia. Faisal Al Haimus, Chairman of TBI said: “This important addition to our bank accomplishments shall strengthen trading and banking relationships between the two countries." (Source: TBI)
Oil Ministry Finalises Export Figures for June
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for June of 105,640,161 barrels, giving an average for the month of 3.521 million barrels per day (bpd), an increase from the 3.490 bpd exported in May. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues for […]
The River Where Sewage and Drinking Water Mix
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Dashty Ali. Dealing With The Iraqi River Where Sewage And Drinking Water Mix Every day litres of waste water and even sewage end up in the rivers and lakes, […]
Coalition Strikes Continue Against ISIS
Combined Joint Task Force Operation Inherent Resolve and its partners have accelerated offensive activity against Islamic State of Iraq and Syria targets in designated parts of Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Between July 16-22, coalition military forces conducted 24 strikes, consisting of 40 engagements, in Iraq and Syria […]
Citizenship and Residency Programs made Simple
Advertising Feature By Veronica Cotdemiey, CEO of Citizenship Invest. Obtaining a dual a nationality or second citizenship has long been a significant goal for many families in the Middle East. The constant struggle of not being able to travel freely; being scrutinized by immigration and governmental entities; as well as being a citizen of countries […]
New Investment Opportunities in Iraq
By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Glass production, State Company for Glass and Refractories Overhead Cranes, State Company for Steel Industries Fallujah Cement Plant, Iraqi State Cement Company (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
APL adds new Iraq Port Call
APL has announced that the Gulf Asia Express 2 (GA2) service will soon be calling the port of Umm Qasr. The service will also make a second call to Jebel Ali during the return leg of its service rotation to Asia. These developments demonstrate APL’s commitment to continuously provide market connectivity between the Far East […]
Video: Anger mounts as Protests spread to Baghdad
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Demonstrations in Iraq have spread to the capital Baghdad. Although a smaller gathering than seen in the last 2 weeks in the south of Iraq, a significant number of protesters in the capital […]